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COPYRIGHT 2006 Asia Pulse Pty Ltd
Business in Asia on Feb 28, 2006. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
AUSTRALIA'S COMMODITY EXPORT EARNINGS TO HIT NEW RECORD: ABARE
CANBERRA - Australia's commodity export earnings are expected to hit a new record of A$134 billion (US$98.85 billion) in 2006/07. The federal government's chief forecaster said the figure, up more than A$20 billion on the current year's estimate, would be driven by strong mining, gas and grain exports. In its first commodities report for the year, the Australian Bureau of Agricultural and Resource Economics (ABARE) said minerals and energy exports would hit A$101 billion next financial year - up eight per cent.
SAMSUNG ELECTRONICS AIMING FOR US$67 BLN IN 2006 SALES
SEOUL - South Korea's Samsung Electronics Co. (KSE:005930) is targeting sales of 65 trillion won (US$67 billion) this year, up 13 percent from a year earlier, the company's top executive said Tuesday. During a shareholders' meeting, Samsung Electronics' Vice Chairman Yun Jong-yong unveiled his business targets...
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